“But if you try sometimes, well you might find, you get what you need.” . . . The Rolling Stones (1969) We had our monthly “Gleanings” meeting yesterday to discuss what should be the topic of this month’s edition. Our economist, Scott Brown Ph.D., mention
The call for this week: It will be interesting to see if the political brouhaha somewhat abates this week given the president’s speech in Saudi Arabia yesterday. Also arguing for less political infighting is that ex-FBI director Comey cannot readily accuse President Trump of obs
“FYI Jeff – Apparently Tom McClellan has been reading your ‘Morning Tack’.” . . . An email from a portfolio manager yesterday morning Tom McClellan, the astute author of The McClellan Report, has developed some terrific proprietary indictors of his own, s
“The S&P 500 has 500 stocks in it. Every new dollar placed into an index fund pushes these 500 stocks up. Investors watch the performance rise and add even more money to the ‘chosen 500’.” . . . Paul Siluch, Portfolio Manager, Raymond James Ltd. While trave
“Nothing really terrible or wonderful is happening other than that earnings are rising in record-high territory again.” . . . Dr. Ed Yardeni, Yardeni Research, “Seinfeld Market: Nothing Bad Happening,” May 3, 2017 “Relax” is the debut single by R
“As we contemplate COMPQ at 6000, and NDX at an all-time high, it is worth remembering that only 21 NDX components remain who were in at the 2000 top.” . . . Tom McClellan Yesterday Andrew Adams and I presented at the Raymond James Financial Services National Conference in
“It’s the end of the left versus right battle of the 20th century. The new fight is liberalism versus nationalism.” . . . Mathieu Von Rohr (Writer for the German newspaper “Der Spiegel”) And, in yesterday’s “The Economist” magazine their
The call for this week: This week Andrew and I are in Orlando at the Raymond James National Conference where we will be seeing portfolio managers, financial advisors, and giving a keynote address. Hopefully the equity markets will give an “upside address” of their own in o
“Hey Jeff, what does 614.15 points mean?” . . . a portfolio manager (PM) asked me yesterday Yesterday a PM asked me, “Hey Jeff, what does 614.15 points mean?” My response was, “I have no idea.” She said, “That’s the number of points the
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Amie E. Marks is the founder of WOMEN In the KNOW. The goal is to create a forum for women to discuss timely topics and world events. Women are welcome to participate in a genuine, non-judgmental, and educational get-off-the-couch conversation that will inspire them to raise questions, share opinions and speak in solutions.
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